China currently shows a high investment rate as well as a trade surplus. In what sense is

Question:

China currently shows a high investment rate as well as a trade surplus. In what sense is there a tension between these two facts? What is odd about China’s situation relative to conventional macroeconomic wisdom?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

See More Books

Question Posted: Feb 25, 2016 06:38 AM

See More Questions

Is it true that a high investment rate is a precondition for convergence?
Wujo is a Shanghai company that designs high- end software to enhance and edit digital images. Its software, EzPhoto, is more powerful and easier to use than Adobe Photoshop, but sells at a much...
As an investor, you are considering an investment in the bonds of the Front Range Electric Company. The bonds pay interest quarterly, will mature in 12 years, and have a coupon rate of 3.25% on a...
Write a program that takes three double command-line arguments x, y, and z, reads from standard input a sequence of point coordinates (xi, yi, zi), and prints the coordinates of the point closest to...
A survey of Amazon.com shoppers reveals the following probability distribution of the number of books purchased per hit. a. What is the probability that an Amazon.com visitor will buy four books? b....
On January 1 , 2 0 2 2 , Blossom Corporation had the following stockholders equity accounts. Common Stock ( no par value, 9 3 , 0 0 0 shares issued and outstanding ) $ 1 , 4 4 0 , 0 0 0 Retained...
Suppose we wish to estimate the probability of a rare event (such as a default probability). Let the random variable $X$ be equal to 1 if the event occurs and to zero otherwise. Then...
A car dealer acquires a used car for $ 14,000, terms FOB shipping point. Additional costs in obtaining and offering the car for sale include $ 250 for transportation-in, $ 900 for import duties, $...
Consider having alternative circuit designs for ID and WB that slow them down from 100ps to 200ps. Meanwhile, other hardware steps - IF, EX, MEM - remain the same as in class (i.e., 200ps). In this...
Alcorn Service Company was formed on January 1, Year 1. Events Affecting the Year 1 Accounting Period 1. Acquired $20,000 cash from the issue of common stock. 2. Purchased $800 of supplies on...
Discuss the extent to which the U.S. trade deficit and net foreign debt are serious economic problems.
In the years after World War II, the United States briefly ran a trade surplus that peaked at about 5% of GDP in 1947. Use the national income identity (the investment = savings version) to provide a...
Bracelet Delights is a new company that manufactures custom jewelry. Bracelet Delights currently has six customers referenced by customer number: 01, 02, 03, 04, 05, and 06. Besides the costs of...
What are the advantages and disadvantages of die casting?
Explain the advantages and disadvantages of sand casting.
Explain the various types of molding sands and their uses.
Assuming 10 seconds is enough time for all of the tasks to finish, what statements about the following program are correct? (Choose two.) A. The code does not compile. B. The incrementBy10() method...
Am I aware of the basic framework of a strategic communication plan?
Reconsider Exercise 11.8.2 where we assumed the proportion of all American citizens who have a valid passport is 0.46. Suppose again that a random sample of 100 Americans is to be taken and the...
What is a make-or-buy decision?
In Table, the price elasticity of demand for Kelloggs Corn Flakes includes a wide range of estimates. It turns out one end of the range is observed for low income households, while the other is...
The demand for bottled water in a small town is as follows: P (per bottle) QD (bottles per week) $1.00 ............500 $1.50 .............400 $2.00 .............300 $2.50 .............200 $3.00...
Sketch a demand curve that is unit elastic for a price change between $9 and $11. Assume that the quantity demanded is 110 when price is $9. Youll have to determine the quantity demanded when price...
Discuss the merits of the each standard (2g, 3g & 4g), including the advantages and disadvantages of each with respect to planning , deployment and the services they are able to provide.
Consider a dataset with the following 7 data points: {(3, +1), (2,+1), (-1,-1), (0,-1), (+1,-1), (+2, +1), (+3, +1)} Consider mapping these points to 2 dimensions using the feature vector (x) = (x,...
You borrow $3,500 and will pay back the entire amount in 5 years. You are charged 9 percent interest per year. How much interest do you pay on this loan?

China currently shows a high investment rate as well as a trade surplus. In what sense is

Question:

Step by Step Answer:

Most fastgrowing countries run trade deficits to pay for th...View the full answer

Macroeconomics

Students also viewed these Economics questions